AsiaBusinessOutlook >> TVS likely to raise up to $5,000 cr in EV push

TVS Motor Co. Ltd is in advanced talks to raise ₹4,000-5,000 crore from private equity firms to fund the expansion plan of the group’s newly formed electric mobility arm, two people with direct knowledge of the matter said..., TVS likely to raise up to $5,000 cr in EV push

AsiaBusinessOutlook >> BYD to Launch Hybrid Cars in South Korea in 2026 Market Expansion

Chinese electric vehicle (EV) maker BYD is set to introduce hybrid cars in South Korea in 2026, signaling a major step in its effort to expand its footprint in one of Asia’s most competitive automotive markets., BYD to Launch Hybrid Cars in South Korea in 2026 Market Expansion

AsiaBusinessOutlook >> How Automotive Industry is Undergoing a Green Energy Transition

There is absolutely no doubt that the climate change has shook the foundations of our lives in recent few years. Floods, coral reef destruction, melting glaciers, and global warming have already caused havoc. The planet is gradually deteriorating..., How Automotive Industry is Undergoing a Green Energy Transition

AsiaBusinessOutlook >> German luxury car maker BMW aims double-digit rise in sales in India

German luxury car maker BMW is aiming at double-digit growth in sales in India this year as it gears up to launch a slew of models in the country to tap pent-up demand for expensive cars..., German luxury car maker BMW aims double-digit rise in sales in India

AsiaBusinessOutlook >> Leapmotor & Xiaomi Eye New EV Brands Amid China Market Shift

China’s electric vehicle (EV) market is witnessing another major shift as Leapmotor and Xiaomi eye new EV brands amid China market shift, reflecting growing competition and changing consumer demand. As automakers race to strengthen their position..., Leapmotor & Xiaomi Eye New EV Brands Amid China Market Shift

AsiaBusinessOutlook >> Chinese EV Startup Omoway Secures Funding After Indonesia Debut

Chinese electric motorcycle startup Omoway has secured fresh funding shortly after launching its operations in Indonesia, giving the company new momentum as it expands across Southeast Asia. The investment comes at a time when demand for electr..., Chinese EV Startup Omoway Secures Funding After Indonesia Debut

AsiaBusinessOutlook >> BYD Bets on Hybrid Growth as South Korea Ends EV Subsidies

South Korea removed BYD from its EV subsidy program, prompting the automaker to expand its plug-in hybrid strategy and strengthen its market position., BYD Bets on Hybrid Growth as South Korea Ends EV Subsidies

AsiaBusinessOutlook >> Volvo and China's Geely Team up to Release Six New EVs

Volvo Cars is preparing for an electric blitz, converting all of its mainstay models - three SUVs and two sedans - to electric vehicles and introducing a luxury electric van aimed at increasing sales in Asia, according to two people familiar with ..., Volvo and China's Geely Team up to Release Six New EVs

AsiaBusinessOutlook >> Renault Korea an Kakao Mobility Partner on Connected Car Innovation EV

Renault Korea and Kakao Mobility have entered into a strategic partnership to develop connected car technologies, bringing together automotive engineering and digital mobility services. The collaboration aims to enhance in-car connectivi..., Renault Korea an Kakao Mobility Partner on Connected Car Innovation EV

AsiaBusinessOutlook >> BYD Overtakes Tesla in EV Sales Amid Global Expansion

Chinese electric vehicle giant BYD made history in 2025 by overtaking Tesla as the world’s largest seller of battery electric vehicles (BEVs), signaling a major shift in the global EV industry after years of Tesla dominance., BYD Overtakes Tesla in EV Sales Amid Global Expansion